Auto Warranty Companies Fight For Your Business
car warranty - The industry of auto warranty companies is a fiercely competitive one. You can find a limited variety of cars on the road - granted, there are millions of them, and every one of them, at some time or still, has or enjoyed a warranty - however with the large number of companies fighting for your business of those drivers, this means that every car owner is definitely the target of some very hungry sales reps.
This can be quite a daunting position to stay in to get a car owner. Regardless if you are buying a new car coming from a dealership, or investing in a used car, you will see people promoting you their warranty services.
In the dealership, you might run into a pushy sales representative that will try everything they are able to to get you to sign on to have an extended warranty once you make your initial purchase. You can find benefits to buying at that time, including having the costs from the warranty rolled up into the financing for your car, and knowing that your dealership will continue being the place to have any repairs or replacements done. However these comforts could end up costing you hundreds or thousands of dollars over time. Sales representatives make large commissions on warranties, so they're eager to help you get to sign up for one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will have to pay more up-front with those third-party companies, rather than adding a small number for your monthly car payment bills. Nevertheless it would likely save a little money.
But as not all the car sales person is out to rip you off, its not all third-party providers are great guys, either. The conditions and terms of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to achieve you as a client, so use that in your favor. Make a price comparison, take a look at all of the relation to the warranties offered, and tell the businesses you consult with “hey, make me the best offer.” If they can't, someone else will.